kabutan

Virtualex Holdings, First Half Ordinary Profit Turns to Profit

Thu Nov 13, 2025 4:00 pm JST Earnings

6193 Virtualex Holdings,Inc. 【J-GAAP】

Earnings Report

Virtualex Holdings,Inc. <6193> [TSE Growth] announced its financial results after the market closed on November 13th (16:00). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2026 (April to September) turned into a profit of 132 million yen (compared to a loss of 14 million yen in the same period last year), exceeded the previous forecast of 40 million yen.

Progress toward the full-year plan of 320 million yen was 41.3%, almost the same as the five-year average of 41.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 5.5% from the same period last year to 188 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit grew 22.5% from the same period last year, reaching 147 million yen. However, the operating profit margin worsened from 7.6% in the same period last year to 6.9%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 3,437 146 163 110 37.6 35.9 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 3,130 41 -14 -1 -0.5 ー Nov 12, 2024 J-GAAP
Apr - Sep, 2025 3,329 101 132 100 35.6 41.3 Nov 13, 2025 J-GAAP
YoY +6.4% +146.3% － － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 3,300 41 40 36 12.8 0 Sep 2, 2025 J-GAAP
Apr - Sep, 2025 Results 3,329 101 132 100 35.6 0 Nov 13, 2025 J-GAAP
Revision Rate +0.9% +146.3% +230.0% +177.8% +178.3%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 3,358 238 199 112 39.6 15 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 3,571 229 188 100 35.5 15 Nov 13, 2025 J-GAAP
YoY +6.3% -3.8% -5.5% -10.7% -10.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 6,692 371 454 202 69.4 15 May 13, 2024 J-GAAP
Mar, 2025 6,488 279 185 111 39.2 15 May 13, 2025 J-GAAP
Mar, 2026 Guidance 6,900 330 320 200 71.0 15 May 13, 2025 J-GAAP
YoY +6.4% +18.3% +73.0% +80.2% +81.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 1,627 123 120 85 43.4 7.6 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 1,666 104 100 61 21.7 6.2 Feb 13, 2025 J-GAAP
Jan - Mar, 2025 1,692 134 99 51 18.0 7.9 May 13, 2025 J-GAAP
Apr - Jun, 2025 1,621 -16 -15 -1 -0.4 -1.0 Aug 13, 2025 J-GAAP
Jul - Sep, 2025 1,708 117 147 101 36.0 6.9 Nov 13, 2025 J-GAAP
YoY +5.0% -4.9% +22.5% +18.8% -17.0%

Related Articles